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Full Description
This volumes examines the interaction of labour market conditions and retirement decisions. Based on French and US data, it provides empirical evidence and quantitative analysis of retirement and labor market flows. It studies the horizon effect and uses French individual data and probit models to show that the horizon effect does matter for the probability of being employed before the early retirement age. It analyses the influence of the retirement age on labour-market equilibrium, as well as the impact of labour market conditions, especially the importance of unemployment risk, on retirement decisions.
Contents
1: Jean-Olivier Hairault and François Langot: Introduction
2: Jean-Olivier Hairault and François Langot: Horizon Effect and Older Workers' Employment: A test on French Labour Force Survey
3: Patrick Aubert: The Indirect Impact of Pension Systems on Employment prior to the Minimal Retirement Age: A New Estimation
4: Yarine Fawaz, Jean-Olivier Hairault and François Langot: Are Unemployed Workers More Likely to Retire?
5: Hugo Benitez-Silva, Ignacio Garcia-Perez, and Sergi Jimenez-Martin: Reforming the US Social Security System Accounting for Employment Uncertainty



